Question: Svei Help Save & Exit Submit Check my work Problem 10-18 Yield to maturity calculator or Excel required (LO10-3) Bonds issued by the Coleman Manufacturing
Svei Help Save & Exit Submit Check my work Problem 10-18 Yield to maturity calculator or Excel required (LO10-3) Bonds issued by the Coleman Manufacturing Company have a par value of $1.000. wnich of course is also the amount of principal to be paid at maturity The bonds are currently selling for $650. They have 10 years remaining to maturity. The annual interest payment is 12 percent ($120) Compute the yield to maturity (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) 47 Yield to maturity
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